Will respond to the click bait portions but not to your subsequent posts nor your next reply.
"given retail holdings % have dropped significantly"
Good. Retail are the starting point for all listings. They cause SPs to be overly volatile due to emotion, untethered expectations and tie up IR with nonsense, but do add liquidity so buying and selling is easy. BRN would be hoping the reduction in retail holding numbers continues. Funds tend to hold long term in much larger volumes. Therefore anyone with a strategy of accumulating over the last/ next period put themselves in solid positions for future moves.
"BRN has yet to gain market traction"
Who has the market share in neuromorphic IP supply? Or is it too new to tell? Might as well own shares in the only provider available then. Kind of like owning Apple before a product and Tesla before a product. Trust in the brilliance of outstanding creative individuals and the investment takes care of itself.
"SP has slid considerably"
Every poster is aware that major detachment from reality occurred on the march to $2.30. Without capitalising on the momentum by way of contracts, of course the SP retraced. Many holders took some profits.
Then shorters smelled blood in the water compounding SP fall on e again putting us into irrational movement. I still believe current fair value is $0.50-$1 and stand by it as my opinion.
"overheads are increasing"
As happens with EVERY growing business that is seeking global reach and presence that continues on R&D. BRN is currently ahead of the big boys with regard to performance of product (comparisons to Loihi etc available online) also a nice patent moat building.
Being out of the ASX200 takes the pressure off a bit and hopefully we only re-enter when the fundamentals line up in the future not just investor enthusiasm.
"The LDA financing hasn’t concluded"
Few million shares left to settle by December. Note the current daily volume is higher than outstanding LDA numbers therefore market will easily absorb any future dump. I'm sure some smart people with release this update after next news. Everyone knows this is still outstanding so no surprise from the market would be expected. Opinion.
Can I also add that folk spruiking Akida 1 was a technical failure could maybe ask why Loihi 2.0 is being worked on.was research product Loihi 1 not good enough??? Similar to IPhone 1 & Windows 3.1 market feedback drives continued innovation.
Enter Akida 2.0 and future versions.
Re take over, noboby here knows what's transpired or will transpire behind closed doors so I'm not going to guess other than to feel strongly that Peter Van Der Made being a brilliant pioneer would categorically not take a quick buck for his life's work......and that I like.
#Hysterical cheerleading
(20min delay)